Craig Jacobson Sells 3,133 Shares of Expedia Group (NASDAQ:EXPE) Stock

Expedia Group, Inc. (NASDAQ:EXPE) Director Craig Jacobson sold 3,133 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $328.52, for a total value of $1,029,253.16. Following the completion of the transaction, the director owned 29,832 shares of the company’s stock, valued at $9,800,408.64. This represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Expedia Group Price Performance

NASDAQ EXPE opened at $321.42 on Wednesday. The company has a debt-to-equity ratio of 2.21, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market cap of $38.58 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 0.81 and a beta of 1.22. The business has a 50 day simple moving average of $274.21 and a 200 day simple moving average of $246.77. Expedia Group, Inc. has a 52-week low of $185.34 and a 52-week high of $335.00.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, beating analysts’ consensus estimates of $5.22 by $0.54. The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.24 earnings per share. Analysts anticipate that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 27th. Expedia Group’s dividend payout ratio (DPR) is presently 11.97%.

Analyst Ratings Changes

EXPE has been the subject of a number of research reports. Argus increased their target price on Expedia Group from $270.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Weiss Ratings restated a “hold (c)” rating on shares of Expedia Group in a report on Friday, August 7th. Benchmark upped their price objective on Expedia Group from $290.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. DA Davidson decreased their price objective on Expedia Group from $260.00 to $250.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Finally, Jefferies Financial Group lifted their target price on Expedia Group from $300.00 to $310.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat, Expedia Group has an average rating of “Hold” and an average target price of $311.76.

Institutional Investors Weigh In On Expedia Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Motiv8 Investments LLC bought a new stake in Expedia Group during the fourth quarter worth about $25,000. Entrust Financial LLC bought a new position in Expedia Group in the fourth quarter valued at approximately $26,000. First Bancorp Inc ME bought a new position in Expedia Group in the second quarter valued at approximately $28,000. DV Equities LLC bought a new position in Expedia Group in the fourth quarter valued at approximately $46,000. Finally, Elevation Wealth Partners LLC increased its position in shares of Expedia Group by 272.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock worth $46,000 after purchasing an additional 131 shares during the last quarter. 90.76% of the stock is owned by institutional investors.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.